The Risk of Polygamy and Wives’ Saving Behaviour
نویسندگان
چکیده
In a polygamous society, all monogamous women are virtually at risk of polygamy. However, both the anthropological and economic literature are silent on the potential impact of the risk of polygamy on economic decisions of monogamous wives. We explore this issue for Senegal using individual panel data. We first estimate a Cox model for the probability of transition to polygamy. Second, we estimate the impact of the predicted risk of polygamy on monogamous wives’ savings. We find a positive impact of the risk of polygamy on female savings entrusted to formal or informal institutions, consistent with self-insurance strategies. JEL Classification: J12, D13, D14, J22, O12
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